Building Details

Buildings 1

Stories 2

Building Size 10,300 SF

Listing Agency: Landmark Commercial Realty Show Phone

Listed By: Thomas Posavec Show Phone

Source: Moodyscre

Added: Sep 1 Changed: Oct 21 Last Checked: Oct 20 at 10:14PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Realty

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Investment Insights

Based on property information with market context.

This 10,300 SF office building offers two floors that can accommodate one organization or be configured as separate tenant areas. Flexible floor plans, finished office interiors, prominent monument signage, and recent HVAC and landscaping improvements support a range of occupancy arrangements. Two-level parking serves the property.

The building is located within Commerce Park in Susquehanna Township, with immediate access to I-81. Retail, dining, and service amenities are located nearby, adding convenience for occupants and visitors.

Key Highlights

• 10,300 SF office building with two floors available
• Can support a single occupant or two separate tenant spaces
• Flexible floor plans with finished office interiors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$132,362

Cap Rate

8.30%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,647,240 $2.6M

Cap Rate 7%

$1,890,886 $1.9M

Cap Rate 9%

$1,470,689 $1.5M

Is this asking price fair?

Market Conditions

NOI Build-Up for 10,300 SF

Gross rent

$206.4K $20.04/SF

− Vacancy

−$29.9K −$2.91/SF

EGI

$176.5K $17.13/SF

− OpEx

−$44.1K −$4.28/SF

NOI

$132.4K $12.85/SF

Area

Dauphin County, PA

Vacancy

14.50%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,647,240

Cap Rate 7%

$1,890,886

Cap Rate 9%

$1,470,689

Alternative Uses

Best Use

Office B

$1.89M

$1.65M – $2.21M (±1% cap)

NOI $132,362 @ 7.0% cap · market cap 8.30%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$18.97M

$16.60M – $22.13M (±1% cap)

NOI $1,327,928 @ 7.0% cap · market cap 83.26%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Compass Rehabilitation Services Medical Clinic MBishin Media Media Distribution TaKillYa Tequila LLC Brewery & Distillery BenefitVision Business To Business Service Gryphon Technologies Business Management Consultant

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

380

Businesses Nearby

Explore this area Business Placement

Demographics for 17110, PA

27,239

Population

12,246

Households

2.2

Avg Household Size

40

Median Age

41%

College-Educated

93%

High-School Grad

14.9 sq mi

ZIP Area

1,828

Density / Sq Mi

$79,499

Median Household Income

$51,428

Median Earnings

$1,400

Median Rent

$206,200

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Two-floor office property supporting full-building occupancy or separation into two tenant suites.

Where is this office building located?

The property is located at 2690 Commerce Dr Harrisburg, PA.

What is the asking price?

The asking price for this property is $1,595,000.

What are key features of this property?

This property features: 10,300 SF office building with two floors available; Can support a single occupant or two separate tenant spaces; Flexible floor plans with finished office interiors